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US EIA implied demand for distillate fuel oil for the week to July 3: 5.99 mln b/d, prior 4.94 mln b/d.
2026-07-08
US EIA implied demand for distillate fuel oil for the week to July 3: 5.99 mln b/d, prior 4.94 mln b/d.
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2026-07-08
Keiji Kanda of Daiwa Institute of Research said that over the past year each 10% depreciation of the yen versus the dollar has been a net drag on Japan's real GDP of about 0.14 percentage point. While weaker yen can lift growth through inbound touris
Keiji Kanda of Daiwa Institute of Research said that over the past year each 10% depreciation of the yen versus the dollar has been a net drag on Japan's real GDP of about 0.14 percentage point. While weaker yen can lift growth through inbound tourism and an equity-wealth effect, those gains are concentrated in travel companies and asset-rich elderly households; rising import costs have imposed heavier burdens on most firms and households. Price pass-through, Middle East tensions, Trump tariffs and a drop in Chinese tourists have also blunted the yen’s typical positive impact. The yen remains near historic lows, trading around 162.20 per dollar.
2026-07-08
Iran's foreign ministry spokesman said some commercial vessels are sailing without coordination and have switched off or tampered with AIS transponders, raising shipping safety and environmental risks and impeding safe navigation through the Strait o
Iran's foreign ministry spokesman said some commercial vessels are sailing without coordination and have switched off or tampered with AIS transponders, raising shipping safety and environmental risks and impeding safe navigation through the Strait of Hormuz.
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